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to the san francisco start-up when we talk to the co founder and ceo. >>> but first up, november auto sales jumping for both ford and chrysler. if we go over the cliff, though, our next guest says we'll see new car sales plunge 20 to 40%. bob lutz is the former vice chairman of gm, as well as former president of chrysler. he's also a cnbc contributor. bob, good morning. good to have you. >> good morning. good to be here. >> let's just walk through what you thought of the sales figures from this morning. >> well, i think everybody was expecting a weak november, and informed, it turned out pretty well, despite the disruption caused by hurricane sandy and a shortage of availability and so forth. i think gm was better than they themselves expected. but -- and actually up year over year in if all the brands. but gm had a weak month in pickup trucks. they have too much 2013 inventory and not enough discounted '12 models. but that will settle out. >> ford, i'm sure you've already taken a look at it, not only f series up 18%, that raised some eyebrows at this desk and raising production 11% for q1.
in san francisco, and phoenix year-on-year. we're doing good things in housing, surely. >> we are. look at phoenix as an example. 21% increase year over year. look where they careful and where they're coming up the peak. they were off 56% from their peak. they significantly came down and have since rebounded. that's a positive thing. the fundamentals looking strong. we're seeing strength in terms of pending home sales, existing home sales. if you look at existing home sales specifically, look at the supply there, the supply is significantly down, too. we're down about 32 percent year-on-year. so they're all positive signs. >> and yet in terms of jobs and growth, the jobs are not coming back in construction. we gained since the bottom of the housing market 58,000 jobs. in construction it's 2.2 million. >> you speak to something very fundamental to the process here. we're not in a cyclical employment process, we're in more of a structural employment issue, such that as people come back into the work force, they're not gaining back the same wages that they were when they left. we still hav
stolen. one san francisco security firm estimates that the market this year for stolen cell phones is more than $30 billion. the fcc says that 30% to 40% of robberies in some of the biggest cities involve cell phones. in washington, d.c., they say it's 38%. in san francisco, police say it's nearly 50%. it's difficult to break out the numbers and break it down by brands, but police have confirmed that the best of apple products is a big business. they call it apple pigging. in new york city in september, the nypd reported theft of apple products was up 40% year over year, and they expect that number to rise over the holiday season. how can shoppers figure out if the devices they're buying are legitimate or stolen? apple phones have serial numbers. those can be traced, of course, if a phone was reported lost or stolen. they'll also be blocked from further use. experts actually say if you're buying used online you should ask for the serial number of the product. david? >> thanks very much, jackie. between hurricane sandy in october and the snowstorms out west over the last few days, p
a relatively small company, 34 people in san francisco. over the next three to five years, we believe this visual web movement that a lot of people are writing about, talking about, will fully take hold. it will be a dominant force in how all media companies, even individuals are connecting and communicating. be think there's a tremendous -- by essentially being the plumbing that these companies need to profit. >> why 15 seconds, before i let you go? >> everybody asks that. so this whole visual web content is all about realtime conversation and engagement. much like twitter created 140 characters or less in text, we created 15 seconds to keep the conversation flowing. michael, thanks for coming in. pandora slipping 17% on this revenue shortfall last night, the first interview with the ceo, after the break. americans believe they should be in charge of their own future. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want.
us from san francisco. good morning. >> good morning, how are you? >> great. interesting concept, a lot of shoppers are familiar with points and cashing in points to get goods, when you buy something, but in this case you're really given credit for walking in the door. how does it work? >> all you got to do is take your smartphone out and walk into the store with your iphone or your android phone and just for being in the store, it already welcomes you and gives you points called kicks, just when you walk through the door of the store it says, hello, cyriac, how are you today? here are your kicks. >> you don't have to scan an sku to prove you were in the building. it knows. >> we deployed special technology inside the store that emits a signal and your smartphone's microphone picks it up and tells the phone oh, cyriac is now in the store and we'll reward you just for being here. >> 4.5 million users, i think 1.5 million stores, walking into stores in the last month i guess trips that is and the partners talking target, macy's, best buy, american eagle, crate & barrel, what can th
Search Results 0 to 4 of about 5

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